Chicago Fed National Activity Index unexpectedly rose to +0.05 in February, indicating above-average economic growth.

The Chicago Fed National Activity Index unexpectedly increased to +0.05 in February, indicating above-average economic growth. Economists had anticipated a fall to -0.50, while the index was originally reported at -0.30 for the previous month. All four broad categories of indicators used to construct the index increased from January, with three categories making positive contributions in February.